This paper intends to measure the effects of public infrastructures on firms’ productivity from a sample of 10 subsectors of the Senegalese modern sector. The model used for that purpose is based on the decomposition of the Total Factor Productivity (TFP) growth which includes the contribution...

This paper investigates the sustainability of trade balances in the Sub-Saharan African regions, using both the panel unit root (IPS) test proposed by Im et al. (2003) and the cross-sectionally augmented version of the IPS (CIPS test) suggested by Pesaran (2007), where the former test is based...

China appears as the biggest trading partner for ASEAN economy but it is inconclusive whether the complementarities between China and regional economies offset China’s competitive threat. We assess if real exchange fluctuations and the demand-supply channels determine the Malaysia-China trade...

The article analyses the evolution of the differences in economic conditions among Spanish regions from the perspective provided by the recent advances made in economic growth empirics. Although convergence is usually established in terms of Gross Value Added (GVA) per capita, in the case of...

This paper aims to prove that during the transformation process in Poland of the sectors of general economic interests due to specific economic characteristics of those sectors and the fact that interests of three groups participating in the decision making in this process: government,...

Richer and more educated citizens demand better governance than poorer citizens. They participate more in the political process, are more difficult to buy off, and tend to have the financial resources to support a revolt. An autocrat who is politically insecure may therefore not invest in...

We discuss the implications of informality on growth and fiscal policy by considering an informal sector based on low tech firms, in an open economy model of endogenous growth, where labour supply is elastic and increasing returns arise from public spending. We allow for both labour and capital...

The note raises some methodological problems derived from the presence of public capital. It follows closely Jorgenson and Landfeld (2004) proposal of modifying Gross Value Added and Gross Operating Surplus figures provided by National Accounts, since public capital services are underestimated....

We investigate the effects of public capital investment on the demand for travel. We define capital stock as a productive flow that accounts for the physical deterioration of infrastructure over time. We present a framework where additions to capital stock only cover a portion of the long-run...

This paper develops a two sector model of endogenous economic growth with public capital where private goods and public investment goods are produced with different production technologies. The government buys public investment goods produced by private producers; and the government is a...